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Channel Five has seen its revenues increase by 13.2% year on year for the six months ending 30 June, reaching €146 million, up from €129 million a year ago. According to RTL Group, pre-tax profits for the broadcaster rose by €10 million during the first half of the year, reaching €16 million, up from €6… Continue reading Five Sees Revenues Rise By 13.2%

Newspaper publisher, Trinity Mirror, has acquired online recruitment services provider, the hotgroup, for £50.5 million, 20.25 pence per hotgroup share. The deal follows recent purchases by Trinity of GAAPweb.com and Smartnewhomes.com and will further enhance the publishers classified recruitment offering and improve its service to advertisers. Commenting on the acquisition, Sly Bailey, chief executive of… Continue reading Trinity Buys Online Recruitment Site

Global advertising company, WPP, has acquired the remaining 70% of the issued share capital of Australia’s third largest advertising and marketing services company, The Communications Group Holdings (TCG). The move will see the various TCG businesses integrated into Young & Rubicam Brands in Australia, with Zenith Media joining WPP’s GroupM network. This investment reinforces WPP’s… Continue reading WPP Acquires 70% Of Australian Advertising Company

Online retail sales in the US grew significantly in the second quarter of 2005, reaching $21.1 billion, enjoying a growth of 3.5% quarter on quarter, according to new figures from the US Department of Commerce. According to the commerce department, online sales accounted for 2.2% of all retail sales in the US during the second… Continue reading US Online Retail Reachs $21.1 Billion In Q2 2005

Regional newspaper group, Johnston Press, has warned that there is little prospect of a recovery in the advertising market in the second half of 2005, describing the market as “challenging” and “difficult”. The group revealed that revenue for the six months to June 2005 reached £264.6 million, up from £261.5 million this time last year.… Continue reading Johnston Continues To Warn Of Difficult Ad Market

Speaking at the 30th Edinburgh Television Festival, Andy Duncan, chief executive of Channel 4 asserted the importance of planning for the channels’ future with the impending digital switchover. Talking to Greg Dyke, Duncan raised concerns about advertising revenues as a result of the affects of the new technologies coming into the television market, such as… Continue reading MGEITF 2005: Channel 4 Must Plan For Digital Switchover

BBC director general Mark Thompson revealed the Corporation’s latest TV technology at the Edinburgh TV Festival, announcing details of MyBBCPlayer, a new online service allowing viewers to legally download seven days of TV programmes. Delivering his address, Thompson stated: “This will be the decade of video on-demand. It will come, not when switchover occurs, although… Continue reading Thompson Reveals BBC Online Downloading Service

Digital radio broadcaster and programme producer, UBC Media Group, has announced that it has been appointed by Chrysalis and The Wireless group to sell airtime for its new syndicated news bulletin airtime package. Launching on the 1st October 2005, UBC’s Media Network’s news package will have a weekly reach of 5 million adults in the… Continue reading UBC To Sell Radio Airtime For Chrysalis And TWG

Guardian Media Group Radio this morning announced the acquisition of a controlling stake in Reading 107 FM. The radio group has increased its shareholding in the Berkshire-based station from 37.8% to 60.3% with immediate effect, securing control of the station, which covers an area of 257,000 potential adult listeners across Reading. The station currently relies… Continue reading GMG Buys Controlling Stake In Reading 107 FM

Publisher of the Daily Mail, Daily Mail and General Trust, has acquired Zambeasy Ltd, publisher of Top-Consultant.com and Office Recruit Ltd publisher of officerecruit.co.uk in a deal worth £4.1 million. Top-Consultant.com is the number one UK recruitment site for management consultants, while Officerecruit.co.uk publishes classified listings of vacancies for secretaries, administrators, customer service and telesales,… Continue reading DMGT Buys Online Recruitment Sites